Egypts pound has become the worlds strongest-performing currency, appreciating over 7% against the US dollar since early May

Egypt's pound hit nearly 54 per dollar in March 2026 as oil prices surged. Crypto interest grows despite bans, while the e-Pound CBDC targets a 2030 launch.

Egypts pound has become the worlds strongest-performing currency, appreciating over 7% against the US dollar since early May

Egypt has emerged as one of the biggest beneficiaries of the recent slump in global oil prices, with its currency recording the strongest...